Nigeria: Tinubu's tax reforms will rescue economy from cabals — Senator Adeola
He declared that the affairs of the country are no longer controlled by the 'cabal'.
Adeola made this statement on Monday in Ipokia during the 2nd Edition of the Mega Empowerment/Town Hall Meeting and Thank You Tour of Ogun West. He noted that Tinubu had made it practically impossible for the cabal to control the country's affairs.
The lawmaker said the country is on the path to economic recovery and steady growth.
'I'm happy that we have an economy now that is no longer in the hands of a selected few or guided by cabals.
'Tinubu's tax reform policy is for the best of Nigeria. Having spent more than 10 years in the Senate and as a member of different committees, I can tell you that I know more about how things operate.
'These reforms are for the good people of the Federal Republic of Nigeria; now we can say that we have an economy that is not guided by a selected few.
'When Tinubu assumed office in 2023, we had holistic and drastic changes to tax laws, and that is already yielding positive results. That is why, as your representative, I am in support of these policies. I want to specifically thank Mr President for a job well done,' he submitted.
He explained the rationale behind the empowerment programme, stating that the objective is to give back to his constituents as a form of gratitude for their belief in his capacity to represent them at the National Assembly.
While assuring them of more dividends of democracy, Adeola said he would continue to offer qualitative representation and facilitate more developmental projects for Ogun West.
Copyright © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Filipino Times
7 hours ago
- Filipino Times
Kiko Pangilinan Replaces Robin Padilla as Senate Constitutional Amendments Chair
Senator Francis 'Kiko' Pangilinan has formally taken over from Senator Robin Padilla as chairperson of the Senate Committee on Constitutional Amendments and Revision of Codes. The change in leadership was approved during Tuesday's plenary session after Senate Deputy Majority Leader JV Ejercito moved to elect Pangilinan, with Senate President Pro Tempore Jinggoy Estrada presiding. No senator raised an objection. A lawyer by profession, Pangilinan previously led the same panel, which oversees proposals to amend the Philippine Constitution and revise existing legal codes. 'I accept this responsibility with humility and a firm resolve to safeguard the democratic ideals enshrined in our Constitution,' he said, stressing that any changes to the charter must be rooted in the people's aspirations and undergo a principled, participatory process. Senate Majority Leader Joel Villanueva earlier noted that Padilla's decision to relinquish the post considered the need for a lawyer to head the panel. Padilla, however, recently refiled a resolution calling for a constitutional convention to amend the 1987 Constitution.
Khaleej Times
2 days ago
- Khaleej Times
Pakistan faces over Rs4.1 billion loss after airspace closed to Indian aircraft
Pakistan Airports Authority has faced a loss of Rs4.1 billion since Pakistan closed its airspace to Indian operated and owned aircraft, according to a report by Dawn. The figure was quoted by the Ministry of Defence to the National Assembly last Friday. The ministry also said that the shortfall was "in overflying revenue". Timeline and closure of airspaces The closure followed a deadly attack on Indian tourists in Kashmir on April 22. More than 70 people were killed in missile, drone and artillery fire in the subsequent military conflict, until a ceasefire was announced on May 10, as reported by Reuters. Pakistan had closed its airspace to Indian aircraft on April 24, while India took a similar measure days later, with the ban to last until May 23. Later, the Pakistan extended the ban until June 24, and India responded with an extension until June 23. On June 23, both countries said that the bans would remain the place for another month, Reuters said. Later, the Indian government announced that Pakistan had extended the ban until August 23 and that Indian airspace would be closed to Pakistani aircraft until the same date. Priority is defence According to Dawn, the statement by the Ministry of Defence stresses that it prioritises defence and sovereignty over financial losses. It also reports the ministry as saying that there are no changes when it comes to overflight and aeronautical charges, and the figure specifies refers to 'revenue shortfalls, not overall financial losses'.
Filipino Times
2 days ago
- Filipino Times
Sotto files bill mandating full public disclosure of key government records
Senate Minority Leader Vicente 'Tito' Sotto III has filed a bill seeking to establish a policy for full public disclosure of government records and transactions involving matters of public interest. Under the proposed 'People's Freedom of Information Act of 2025,' the public will have the right to access information on issues of public concern, in line with promoting transparency, accountability, and citizen participation. 'Transparency is the cornerstone of good governance. To foster accountability, trust, and citizen participation, our Government shall provide ready and complete access to key information to the discerning public,' Sotto said in a statement. The bill requires the release of specific information, including the annual Statements of Assets, Liabilities, and Net Worth (SALN) of the following officials: • President • Vice President • Cabinet members • Members of Congress • Supreme Court justices • Members of constitutional commissions and other constitutional offices • Armed Forces officers with general or flag ranks Government agencies will also be required to upload certain records on their official websites, with monthly updates. These include registers of transactions, annual budgets, monthly collections and disbursements, summaries of income and expenditures, procurement plans, bid invitations, and procurement contracts. However, sensitive personal details such as race, ethnicity, origin, health records, religion, political affiliation, education, and tax returns will remain classified. Requests may also be denied if releasing the information would endanger national security or harm foreign relations. Agencies will have six months from the law's effectivity to craft their Freedom of Information Manual. Officials who conceal, destroy, alter, or tamper with requested information face penalties of one to six months in prison and fines of ₱10,000 to ₱100,000. 'In this modern world where data is readily available online, information about government transactions, processes and actions shall likewise be accessible to our countrymen as a matter of right,' Sotto said. Members of the Liberal Party in the House of Representatives have also refiled their version of the FOI bill, which similarly mandates the disclosure of SALNs of the president, vice president, and other high-ranking officials.
